Medical Economics Salary

As of January 2026, the average hourly salary for employees at Medical Economics in the United States is $32. This translates to an approximate annual wage of $66,604. Salaries at Medical Economics typically range from $28 to $36 hourly, reflecting the diverse roles and experience levels within the company.

How Much Does Medical Economics Pay for Different Roles?

Explore detailed salary information for specific jobs at Medical Economics. Based on our data, the highest paying job is the FT Utility Aide- Dishwasher, with an hourly wage of $76. The table below outlines the hourly wage ranges for most popular roles within the company.

Treatment Plant Operator II

$32 / hour

Salary Range: $29 - $35

Pipeline Technician

Building Maintenance Worker

$25 / hour

Salary Range: $22 - $29

Hospitality

Assistant Chief of Fire

$53 / hour

Salary Range: $44 - $64

IRA Accounts

Full-time Server

$11 / hour

Salary Range: $10 - $12

IT Infrastructure

Maintenance I - Housekeeper

$27 / hour

Salary Range: $24 - $30

Facilities Operations

FT Utility Aide- Dishwasher

$76 / hour

Salary Range: $68 - $84

Trading

Turn Insight into Opportunity: Current Job Openings

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About Medical Economics: Company Profile

Website
www.medec.com
Founded In
1923
Employees
25 - 50 employees
Industry
All Industries
Headquarter Location
NORTH OLMSTED
Revenue
<$5 Million
Phone Number
-
Social Media
About MEDICAL ECONOMICS
United Transportation Union Insurance Association ("UTUIA") is a fraternal benefit society residing in the Cleveland, Ohio area that writes and provides life, annuity and A&H insurance to its fraternal members throughout the United States. As a fraternal benefit society, UTUIA also assists many charitable organizations in addition to programs designed to assist our members.

Employee Reviews: Insights on Salary, Culture & Work-Life

Gain authentic perspectives from current and former employees. These anonymous reviews offer invaluable insights into Medical Economics's culture, work-life balance, management, and employee sentiment regarding salary satisfaction, bonus payouts, and benefits.
I’ve had the chance to work on diverse projects that have helped me grow my skill set. Proud to be part of this team. Processes are structured, and workload is manageable most days. The work is meaningful, and employee contributions are recognized. The company offers excellent benefits and supports professional growth.
Benefits are standard, and the work environment is low-stress. I’ve had the chance to work on exciting projects that have expanded my expertise. The company provides a balanced work environment with reasonable expectations. The company offers competitive benefits and encourages growth. The leadership team is approachable and genuinely listens to feedback. The team is supportive, and the benefits p...
The office atmosphere is energetic, and social events add fun to the routine. Career growth is possible but requires proactive effort. The company invests in upskilling through workshops and certifications.

Is Medical Economics’s Pay Competitive? Salary Benchmarking Analysis

How does Medical Economics's compensation stack up against the industry and its key competitors? Our salary benchmarking analysis provides a clear comparison. The chart below visualizes this comparison alongside select peer companies.
Competitor / Benchmark Avg. Salary Variance Primary Market Influence Factor & Explanation
MOSER VISUALS $31
-4.7%
MOSER VISUALS may offer non-monetary perks in lieu of competitive base salaries.
MISTERCHILLERS $34
+5.7%
Driven by niche technical certifications required for MISTERCHILLERS's specialized projects.
MEET THE STARTUP $34
+7.1%
Reflects a supply-demand imbalance for the specific talent MEET THE STARTUP targets.
MCCBAYWINDOW $31
-4.3%
MCCBAYWINDOW operates with a leaner overhead structure, impacting base wage offers.
All Industries Industry $58
+80.3%
Pay variances are driven by organizational scale, specialized skill requirements, or geographic cost-of-living factors.
Need More Granular Data? The analysis above provides a high-level market overview. To benchmark specific job codes, adjust for real-time cost-of-living changes, or access verified HR-reported datasets, upgrade to Salary.com for Business. Precision matters when building your compensation strategy.

What Is the Cost of Living Near Cleveland?

Understanding the cost of living near Cleveland is key to truly evaluating a salary offer or your current compensation at Medical Economics.
Cleveland's Cost of Living Index is approximately 77.5 (22.5% less expensive than US average; 14.6% less than OH average). Major city on Lake Erie, medical hub, very affordable housing. RTA bus/rail. When planning your budget based on a salary from Medical Economics, consider these typical monthly expenses:
Expense Category Estimated Monthly Cost Key Considerations / Notes
Housing (1-BR Apt Rent) $850 - $1,300+ A significant portion of Medical Economics salary. Location choices impact this heavily.
Utilities (Basic) $150 - $240 Electricity, Heating, Cooling, Water etc.
Public Transportation $95 (RTA monthly pass) Essential for most commuters; car ownership is costly.
Groceries (Single Person) $370 - $550 Can be higher with more dining out or specialty stores.
Personal & Leisure $330 - $630+ Dining out, entertainment, shopping. Highly variable.
Healthcare (Individual) $360 - $660+ Varies significantly by plan & employer contribution.
Subtotal (Excluding Taxes) $2,155 - $3,385+ This subtotal does not include income taxes (federal, state, local), which can significantly impact your take-home pay.

Most Common Questions About Medical Economics

FAQ 1: How much does Medical Economics in the United States pay?
Medical Economics pays its employees an average of $32 per hour. The average salary at Medical Economics range from $28 to $36 per hour. It's important to remember that these are overall averages, actual salaries vary significantly based on specific job titles, years of experience, skills and location.
FAQ 2: Do Medical Economics employees get a higher salary than its peer company?
The salary at Medical Economics is higher than its peer company. The average annual salary at Medical Economics is $66,604, or an hourly wage of $32, in comparison to MOSER VISUALS which pays $63,499 per year or $31 per hour.
FAQ 3: How much does salary increase with years of experience at Medical Economics?
Salary progression with years of experience at Medical Economics is typical. Generally, as employees gain more relevant experience, develop more skills, and take on greater responsibilities, their earning potential increases. For example, a role with 5-7 years of experience will usually pay more than the same role requiring 0-2 years.
FAQ 4: Do salaries at Medical Economics vary by office location?
Yes, it's very likely that salaries at Medical Economics vary by office location. Companies often adjust pay based on local market rates, cost of living, and talent competition in different geographic areas. For instance, a role in a high-cost city like New York City may offer a higher nominal salary than the same role in a lower-cost city like Omaha, NE. Our Cost of Living Insights for Cleveland section provides more context.
FAQ 5: Does Medical Economics offer good benefits?
Medical Economics typically offers a comprehensive benefits package that adds significant value to an employee's total compensation. Common benefits include health, dental, and vision insurance, a 401(k) plan often with a company match, paid time off. For example, a strong 401(k) match or excellent, low-cost health insurance can be worth thousands of dollars annually, effectively increasing your overall earnings beyond your base salary. For a more detailed list of benefits, please see our "Employee Benefits at Medical Economics" section on this page.